Fair value of long-term debt (Tables)

6 Months Ended

Apr. 30, 2021

Fair Value Disclosures [Abstract]

Schedule of Estimated Fair Value and Carrying Value of Long-Term Debt

The following table shows the estimated fair value and net carrying value of FREIT’s long-term debt at April 30, 2021 and October 31, 2020:

($ in Millions)	April 30, 2021	October 31, 2020
Fair Value	$303.8	$311.4
Carrying Value, Net	$302.4	$305.4